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Discuss the significance of international trade

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Reference no: EM131484949

Assignment - The influences on a business

Understand the behaviour of organisations in their market environment

Explain how market structures determine the pricing and output decisions of businesses

Illustrate the way in which market forces shape organisational responses using a range of examples

Judge how the business and cultural environments shape the behaviour of a selected organisation

Be able to assess the significance of the global factors that shape national business activities

Discuss the significance of international trade to UK business organizations

Analyze the impact of global factors on UK business organizations

Evaluate the impact of policies of the European Union on UK business organizations

Task

Gold prices have gone down over the last year. Silver prices however have gone up over the last year.
Illustrate how the other Market Forces reacted to this change of price for each product. Draw the market cycle for each and draw conclusion as to which determinants of demand and supply play a role in the above scenario.

To achieve a Pass you must correctly draw the market cycle for both Gold and Silver and explain in full what has happened and why.

To achieve an M1 you must correctly conclude which determinants of Demand and Supply are playing a role.

To Achieve D2 you must have demonstrated ability to work independently and submitted assignment on time.

Task 1A Explain how market structures determine the pricing and output decisions of businesses

Task 1B Illustrate the way in which market forces shape organisational responses using a range of examples

Task 1C Judge how the business and cultural environments shape the behaviour of a selected organisation

Task 2D Discuss the significance of international trade to UK business organizations

Task 2E Analyse the impact of global factors on UK business organizations

Task 2F Evaluate the impact of policies of the European Union on UK business organizations

Assignment 2

Task 1A Explain how market structures determine the pricing and output decisions of businesses

Task 1B Illustrate the way in which market forces shape organisational responses using a range of examples

Task 1C Judge how the business and cultural environments shape the behaviour of a selected organisation

Task 2D Discuss the significance of international trade to UK business organizations

Task 2E Analyse the impact of global factors on UK business organizations

Task 2F Evaluate the impact of policies of the European Union on UK business organizations

Verified Expert

In response, supply chain orientation creates prospects for increased intrafirm integration with processes that cross-internal functional boundaries (Mentzer et al., 2008; Min et al., 2007). Green et al. (2006) show how supply chain orientation mediates the relationship between market orientation and firm performance, suggesting an intermediate step that includes inter-departmental planning to manage the flow of information, materials, products, and services through the organization to customers

Reference no: EM131484949

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Reviews

len1484949

5/5/2017 3:34:50 AM

M1: Identify and apply strategies to find appropriate solutions D1: Use critical reflection to evaluate own work and justify valid conclusions M2: Select/design and apply appropriate methods/techniques D2: Take responsibility for managing and organising activities M3: Present and communicate appropriate findings D3: Demonstrate convergent/lateral /creative thinking

len1484949

5/5/2017 3:33:25 AM

D1 - Use critical reflection to evaluate own work and justify valid conclusions Conclusions have been arrived at through combination of ideas and have been justified To achieve D1 you have to contextualize and draw conclusions which draw out the link between Global factors and an organization. D2 - Take responsibility for managing and organising activities Autonomy/independence has been demonstrated To achieve D2 you demonstrated ability to work independently and have met the deadline. D3 - Demonstrate convergent /lateral / creative thinking Innovation and creative thought have been applied To achieve D3 you must demonstrate innovative and creative thinking in the context of the policies’ impact on business in the UK.

len1484949

5/5/2017 3:33:19 AM

Grade Descriptor Indicative characteristic/s Contextualisation M1 - Identify and apply strategies to find appropriate solutions Correct conclusions reached supported by examples To achieve M1, you need to reach correct conclusions and support your answer with examples M2 - Select / design and apply appropriate methods / techniques A range of resources of information has been used To achieve M2, you used a number of sources in addition to the notes and book provided. You have proper referencing throughout the assignment. M3 - Present and communicate appropriate findings The appropriate structure and approach has been used and presentation is coherent To achieve M3 the work presented is clear, in an appropriate format and using proper terminology.

len1484949

5/5/2017 3:32:54 AM

3.1 Explain how market structures determine the pricing and output decisions of businesses 3.2 Illustrate the way in which market forces shape organisational responses using a range of examples 3.3 Judge how the business and cultural environments shape the behaviour of a selected organisation 4.1 Discuss the significance of international trade to UK business organizations 4.2 Analyze the impact of global factors on UK business organizations 4.3 Evaluate the impact of policies of the European Union on UK business organizations

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